The six-month interim results are out for our two largest print news media owners Stuff and NZME. It is no secret that print has battled with years of declining advertising revenue and departing audiences and there is no doubt the tough financial results have taken its toll. The key lowlights being Stuff’s subsequent closure of 28 regional print mastheads, and an obstinate Commerce Commission which has repealed repeated merger attempts by NZME and Stuff. However, in some quarters, the recent financial findings show that the fall in print revenue has slowed, with suggestions that the worst is over. We ask media experts and publishers what they glean from the financial findings – bearing in mind the unpredictable and circulating beast that is the media industry.
Browsing: David Turner
There’s been plenty of discussion from media pundits about Jeremy Wells and Hilary Barry getting the nod as new co-hosts of Seven Sharp. But what do the people who pay the bills think? Do new hosts have a big impact on ratings? Or is it more about engrained behaviour? StopPress checks in with some media industry players to see what impact the new team could – or could not – have.
FCB Media has announced the appointment of New Zealand media investment specialist David Turner to the role of head of investment—a newly created position in FCB Media’s leadership team.
In the first instalment of a new series where senior members of OMD’s trading team put forth their opinions on some of the issues facing the media industry, associate trading director David Turner looks at how local broadcasters are adapting to changing consumer behaviour and why a single trading currency is inevitable.